Property Valuations for Estate Settlement by JP Fagan AppraisalsEstate settlement is an important and sometimes stressful job. As an executor you have been entrusted to carry out the wishes of the deceased as quickly and respectfully as possible. You can count on us to act quickly and with as much respect to the feelings of everyone in bereavement. We've made a name for ourselves in producing excellent appraisals that lawyers and accountants have come to depend on. Sometimes, all parties will have differing suggestions of how the appraisal process should work; however, our knowledge of the estate process will undoubtedly satisfy all parties involved. Among our staff, we are used to interacting with the courts in providing appraisal reports that meet their needs. Contact us as soon as possible to discuss your precise estate appraisal requirements and how we can put our experience to work for you. Usually, settling an estate requires an accurate appraisal report to establish fair market value for the house to the satisfaction of the parties involved. It's understandable that thinking about an appraisal is the farthest thought from your mind. So, we understand that the date an appraisal report is needed will deviate the date of death. Our staff is familiar with the practices and requirements obligatory to provide a retroactive appraisal with an effective date and fair market value estimate matching the exact date of death. The ethics provision explained within the Uniform Standards of Professional Appraisal Practice (USPAP) keeps our company to confidentiality, certifying the highest degree of privacy for all parties involved. The importance of ordering an appraisal when cooperating with the IRS to show income when filing documents is often misunderstood by most people. Opinions of value used in documents provided to the revenue authorities definitely should be supported by an accurate report as to how the appraiser came to his conclusions. Such a report will certainly demonstrate to the IRS that the numbers used are well-founded and substantiated. Having a professional appraisal from JP Fagan Appraisals gives the executor irrefutable facts and figures to work with in exceeding IRS and TX state agency requirements. There's no need to be concerned when getting an appraisal from us, because we will back it no matter what. An exhaustive report showing the appraiser's opinion of value is required to back the methods the appraiser used to come to his conclusions. |